PPG to Sell Architectural Coatings Unit in $550M Deal
The company also announced a cost reduction program that includes cutting 1,800 jobs.
PPG to Sell Architectural Coatings Unit in $550M Deal Read More »
News
Avnet Appoints Chief Digital Officer
The company appointed a 25-year industry veteran to the newly-created role.
Avnet Appoints Chief Digital Officer Read More »
Boeing Strike, Hurricanes Stifle September U.S. Industrial Production
Following a solid August gain, September saw a decrease in production, driven by decreases in manufacturing, mining and utilities.
Boeing Strike, Hurricanes Stifle September U.S. Industrial Production Read More »
Beacon to Make Commercial Leader Succession
The company appointed a new President for its North Division, effective Jan.1, as the current president transitions to Executive VP and CCO.
Beacon to Make Commercial Leader Succession Read More »
Rockwell Automation Appoints New Americas President
The new Americas leader is a 28-year Rockwell veteran.
Rockwell Automation Appoints New Americas President Read More »
Monthly U.S. Cutting Tool Orders Up 9% in August, Down 4.5% YoY
U.S. cutting tool consumption hit $209.3 million in August 2024 amid ongoing market challenges and uncertainty for 2025.
Monthly U.S. Cutting Tool Orders Up 9% in August, Down 4.5% YoY Read More »
Border States Appoints M&A Leader
The company promoted a former Advance Electrical Supply owner to drive the company’s growth strategy through strategic acquisitions.
Border States Appoints M&A Leader Read More »
Bossard to Acquire Ferdinand Gross in Germany, East Europe Expansion
Germany-based Ferdinand Gross Group is a distributor of fastening technology, with additional operations in Hungary and Poland.
Bossard to Acquire Ferdinand Gross in Germany, East Europe Expansion Read More »
MRC Global Makes Moves to Strengthen Capital Structure
The PVF distributor plans to repurchase its preferred stock for around $361 million, and shared its preliminary 3Q24 financial results.
MRC Global Makes Moves to Strengthen Capital Structure Read More »
White Cap Overhauls Field Operations from 7 U.S. Regions to 3
The company aims to enhance customer service and create new opportunities for its associates with the consolidation.
White Cap Overhauls Field Operations from 7 U.S. Regions to 3 Read More »
Peer Chain Announces President Succession
The former vice president of the company brings extensive industry expertise and leadership to the family-owned distributor.
Peer Chain Announces President Succession Read More »
White Cap Acquires ERSCO Construction in Michigan
The company expands its concrete accessory and paving product offerings in the Michigan market with the deal.
White Cap Acquires ERSCO Construction in Michigan Read More »
August U.S. Metalworking Machinery Orders Reflect Normalization
Despite slower order placements compared to those placed in 2023, order activity continues to exceed historical levels.
August U.S. Metalworking Machinery Orders Reflect Normalization Read More »
Foodservice Distribution Anderson-DuBose Adding Tennessee DC
The company is set to invest nearly $40 million in Jefferson City, TN, creating 80 jobs and establishing its first operations in the state.
Foodservice Distribution Anderson-DuBose Adding Tennessee DC Read More »
Do it Best Positions to Buy True Value
It would join United Hardware as another major acquisition for Do it Best this year.
Do it Best Positions to Buy True Value Read More »
Distribution Supply Chain Platform Kodaris, GMS Ink 10-Year Partnership Deal
It extends what has already been a decade-long relationship, helping Kodaris enhance and scale its suite of enterprise features.
Distribution Supply Chain Platform Kodaris, GMS Ink 10-Year Partnership Deal Read More »
Meritus Gas Partners Acquires Distributors in CA, TX and OK
The company enhanced its distribution network in the industrial and specialty gases sector with acquisitions in July, September and October.
Meritus Gas Partners Acquires Distributors in CA, TX and OK Read More »
Fastenal Ends 3Q with Momentum
Get a complete breakdown of the distributor’s September and 3Q financials, which point to a demand uptick for the industrial supply sector.
Fastenal Ends 3Q with Momentum Read More »
Report: GXO Logistics Exploring Potential Sale
The company is evaluating a potential sale after receiving takeover interest, sparking an 8.3% surge in its stock amid market challenges.
Report: GXO Logistics Exploring Potential Sale Read More »
PPI Flat Month-to-Month in September, Up 1.8% YoY
Monthly U.S. wholesale inflation held steady in September, while continuing to decelerate year-over-year.
PPI Flat Month-to-Month in September, Up 1.8% YoY Read More »
